Twenty-First Century Fox Inc Class B (NASDAQ:FOX) announced a Semi-Annual dividend on Wednesday, August 8th, Zacks reports. Shareholders of record on Wednesday, September 12th will be paid a dividend of 0.18 per share on Wednesday, October 17th. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, September 11th.
Twenty-First Century Fox Inc Class B has raised its dividend payment by an average of 12.9% per year over the last three years and has raised its dividend every year for the last 2 years. Twenty-First Century Fox Inc Class B has a dividend payout ratio of 18.7% meaning its dividend is sufficiently covered by earnings.
NASDAQ FOX traded up $0.05 during trading on Thursday, reaching $44.72. 73,220 shares of the company’s stock were exchanged, compared to its average volume of 3,714,768. The company has a market capitalization of $83.18 billion, a price-to-earnings ratio of 22.79 and a beta of 1.27. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.35 and a quick ratio of 1.90. Twenty-First Century Fox Inc Class B has a 1 year low of $24.30 and a 1 year high of $49.65.
A number of analysts have issued reports on the company. BidaskClub downgraded Twenty-First Century Fox Inc Class B from a “hold” rating to a “sell” rating in a report on Thursday, August 30th. ValuEngine raised Twenty-First Century Fox Inc Class B from a “hold” rating to a “buy” rating in a report on Wednesday, May 23rd.
In other news, insider Lachlan K. Murdoch bought 137,801 shares of Twenty-First Century Fox Inc Class B stock in a transaction dated Thursday, August 16th. The stock was acquired at an average cost of $45.48 per share, with a total value of $6,267,189.48. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 39.40% of the stock is currently owned by insiders.
Twenty-First Century Fox Inc Class B Company Profile
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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